Rental rates at premium Indian malls such as the Palladium (Mumbai), DLF Emporio (Guargaon) and Select Citywalk (New Delhi) range from 4200 to 7200 rupees/sf/year ($77.28–$132/sf/year), according to The New York The victim also needs to notify his doctor if … Continue reading →
On December 6, Vornado Realty Trust closed on 114,000sf of retail space at Manhattan’s 666 Fifth Avenue, paying $708 million. The space is leased to Uniqlo, Hollister and Swatch. Spanish retail company Inditex (Zara) owns the remaining 38,750sf of retail … Continue reading →
Business Process Outsourcing (BPO) accounts for 80-90 percent of the office space rented in the Philippines, according to South China Morning Post. This booming industry, which is fueling one of the fastest growing economies in Asia, is expected to double … Continue reading →
Whole Foods Market has a new strategy: Instead of the 50K to 70K sf stores it was building five years ago, the natural and organic foods retailer is opening stores around 38K sf in size, according to Seeking Alpha. The … Continue reading →
Between 2007 and 2011, total retail space in Hong Kong increased by 3.9 percent (6.2 million square feet) while total retail sales in that city grew by an annual average of 13.1 percent, according to South China Morning Post (quoting … Continue reading →
Discount retailer 99 Cents Only Stores plans to open a location on Rodeo Drive in Beverly Hills, according to The Huffington Post. Company president Jeff It contains viagra sans prescription vitamin B5, B6, and D, all of which work together … Continue reading →
Within a few years, new accounting standards – agreed upon by FASB and IASB and aimed at increasing transparency – may require landlords and tenants to include operating leases on their balance sheets as either assets or liabilities – a … Continue reading →
The University of Chicago is working with the city and private developers to redevelop the 53rd Street retail district north of its Hyde Park campus, according to The New York Times. The $250 million Harper Court project (at the corner … Continue reading →
San Francisco’s office market is the healthiest in the country due in large part to the growth of the tech sector in that city. Rents average $50.36/sf – up 50 percent since Q1 2010 and vacancy is at 12.7 percent … Continue reading →
The Linq is a $550 million project in Las Vegas undertaken by Caesars Entertainment. The 260,000-square-foot retail and entertainment district across from Caesar’s Palace is 70 percent leased and includes such tenants as Brooklyn Bowl – a 16-lane bowling alley … Continue reading →